New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-06-10
ELEyATED ROADS SHOULD PAY / T4X.

PROPOSITIONS FROM THE CORPORATION COUNSEL
TO 1HE RAPID TRANSIT COMMISSIONS.
The Rapid Transit Commissioners met Yesterday
and all the members present. Assistant Corlo-
ration Counsel Wlcies presented blet OF argument
and statistics on tchilt of the 4 y, in support OF the
view that the Elevated Railroad Company should pay
tax Tor its franchise The brief suggests that tAe
Commission adOpt a iesOution TO the effect that Inc
Manhattan Railway Company pay annually 10 'ne
credit OF the sinkng fluid OF the city per cent oil us
annual gross receipts tor the conveyance OF asseh-
gers mails or reghts; and the lcctl authorities nav
ne control OF that portion OF he streets or hl1h"ays
upon which proposed TO construct or operate the
extcns along the routes. which ave heeh "c cu
by the Commissioners, be recommended To- re- 5"!e
s1ch payments to be made Dy the Manhattan iall"dN
Company condition precedent TO giving th,ir
cons mt" As alternative proposition howcycr tho
Corporation (OInscl suggests that # the Commissions
should think that they are not at lDer 10 impose
such condition upon the existing railroad lh"S hey
should adopt resolution something IKE the io"o"-
ing:
Resolred That the company be formed for construct
Ing maintaining ana operating railway or rail ways in
his city ON l. rnuic, that have been located h nj,
Commission. snail pay annually, on or ore The Dis, "I
January in each and every year. 10 thc Controller "' me
City of New 0r - ccu;um of its gross receipt. l"r
and during iAe prcccdu- calendar year -
ant 70 cllpior COO OF the laws of 800. amended AM
extended; such compensation To DE in addition 10 aI
taxes said company may be liable Tor or WhlcA may joe
imposed upon II pursuant 10 law
Mr. Lacombe adds that the - per cent mentioned
nav be reached in tie tollO wing manner:
The cxisu- mileage of the elevated railroads is thirty
two miles double track. Taking The gross income rom
the carriage passengers i'm l~~6 This j. ~ ne rate q"
4.j~G.5ji li>scII-crs per mile. or $50 ~ - per nc
The mileage OF the proposed extensions is 3d.. miles o
double track Il is air o assume, therefore jhi u9h
these proposed extensions thOrc Will hc carried q" '
rate of 1~~6. IG.3e7,7l6 passengers. cqu'.l.ns
thc Whole road for the wear equal, %37 $40 81
To cluAl this las, amount H. 81 per cent of the gross
tensions should be paid 10 the clty.
In concluding his brief the Corporation Counsel
says:
1t is of perfectly obiou, that the Manhattan
Railway Company which is interested I'm carry ing ON lc
present proceeding before tAc'c commissioners l. i"
corporation which intends to bWld or c"ir"i th',c pro
posci extensions or "rahchcS' ~ ne" 'ui'i''1 j.
organic 1t viii Hc promoted 10y ihc Mammal lt!'"'.
COMPANY No company when is NOT ll I.r,f1' H"i'N'I
with the Manhaii'n Kan WAY t'mitNy couu n.l "a3
profit in operating these branches. hccs" no company
unless II acted ~ perfect harmony Wlli ne
Railway Company, would he 3"o"tI 10 mas ~
necessary connections with the existing elevated
structures 1t would 10 be the aircr way To ei a
IT, therefore. To have compensation ~ Ihe rae {" i"I
cent the gross receipts ol the entire elevated STEM
LET these new extensions branches p1y the Increased
percentage which j, proposed hy the second re-"'"h
which Will come to the same result.
Julian T. Davies. Representing The Manhattan lie
vatei Railroad Company cOubattcU tue prog os!ilos
lie coujendcd that the present oasis OF i"r,a dId
traffic and expenses the company WIS barely earning
a 6 Ter cent return upon tDe investment. lie uap-
tanned also. that the proposed eNtonSl' ns were IN
realty increase OF pubic facilities ana an 10 there
would be little OF 10 increase oi revenue u th 'T's
fer system was iopte l. lnasmuch ~ H''tIt an VINO
would ptyonze the road by reason OF the ferry extern
son already ride over the line.
In the discussion which followed the adj dresses OF
counsel Commissioners Schultz and Ihurber gave
some indications of an existing belief on their part
that the company. having luJ the fares down 10
cents should be exempt from further taxation. Mr.
schultz thought the subject uonld At least be co7si
cred with great care.
supportcd Mr.. Wckcs in his argument Tor lax pay
mont.
The commission al the close OF tie addresses wen'
into executive ion to consider the conditions and
articles OF ASSOCIATION. Another meeting VIII be held
to-day.
Controller Loev says he has received offer, from SOW
erll responsible persons to bd oh the new elevated
railway franchises. 81 they put up az auction Inc
Control ci that these branches can DO made u
pay "A con siderable revenue To the city.